Tag: Kampala
Africa Finance Corporation’s Investment to Transform Petroleum Product Transportation
By Africa Finance Corporation Published August 15, 2023 Africa Finance Corporation (AFC) has invested US$95.25 million in Mahathi Infra Uganda Limited to finance the construction of two self-propelled barges for operation on Lake Victoria, providing a more efficient and less carbon intensive alternative to traditional trucking. The financing will also…
Read MoreRenovation of Meter Gauge Railway to Bolster East African Community Regional Trade
By African Development Bank Published January 4, 2023 African Development Bank is providing US$301 million to overhaul the Kampala-Malaba Meter Gauge Railway (MGR) in Uganda. The railway line is part of the East African Community’s Northern Corridor linking the capital, Kampala, to Kenya’s coastal city of Mombasa. The East African…
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